Huge Increase in Arctic shipping

February 3, 2019

Data from Russia’s ports and Northern Sea Route show that the volume of goods being shipped out into the Arctic waterway are up by 25 percent 2018.

According to information from the Russian Transport Ministry, a total of 92.7 million tons was handled by regional seaports, of which almost 70 percent was oil products and liquified natural gas.

The biggest increases came in Sabetta, which sits on the icy Yamal Peninsula in the Kara Sea, according to Bellona. With Novatek’s $27 billion Yamal LNG project now in commercial production, Sabetta has seen a 130 percent increase in the volume of cargo it handles – up to 17.4 tons for 2018.

Ports in Murmansk alone handled some 60 million tons of cargo in 2018 – an 18.1 percent boost over volumes from the year before. Archangelsk ports saw their volumes grow by 15 percent.

Other key seaports in the Russian north are also experiencing significant growth.

The goods turnover in regional port is reflected in the growing Russian shipping through Arctic waters, said a report in Arctic Today.  In 2018, the volumes of goods shipped on the Northern Sea Route amounted to more than 18 million tons.

Logistics News

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

d’AMICO Orders Pair of Eco Design Vessels

d’AMICO Orders Pair of Eco Design Vessels

Great Ships of 2025: Frederick Paup

Great Ships of 2025: Frederick Paup

Subscribe for Maritime Logistics Professional E‑News

New England electricity prices increase in November, ISO reports
As modernization takes hold, Kolkata's iconic trams will be put to rest.
Russian Railways to reduce spending by 20% by 2026